eBayyer
eBay’s money transfer arm is branching out into credit cards in the UK for the first time.

PayPal, which has more than 10 million UK accounts, is linking up with GE Money in its first move away from online payments.

It follows the successful launch of financial service products in the United States and means customers can use the credit card to make payments through PayPal’s online service.

Britons will also be able to pay for items on the high street using the card which has 12.9% APR, comes with 0% interest on balance transfers for the first six months and no annual fee.

Geoff Iddison, chief executive of PayPal Europe, said: “PayPal has an established customer base in the UK and has built a reputation as a trusted financial services brand amongst its users.

Posted: 04|12|06 at 7:29 am. Filed under: UK News.